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Thanks Quid, appreciate it.
Did we lose the bid yet? Wheres our old buddy Quid?
Ironhammer- Volume in the form of massive dilution is not a good thing. Check out TFZI & GDTK to see what I mean. Unless of course your post was tongue in cheek... in that case LOL.
Do you know if this prevents them from making any further moves before their probation is up i.e. R/S? Or are they in a holding pattern for the next year?
Yep... and they put up a yield sign in its place.
http://www.otcmarkets.com/pink/quote/quote.jsp?symbol=gdtk
You seem to have had some pretty good insight on the kind if BS this company pulls. Just wondering what your gut is on the current state of affairs. It's clear that Reda is in the business of selling stock rather than trying to run any kind of a legitimate company... But now that Dettmans gone and without any business model to speak of, I'm not sure even the master manipulator can pull out of this one.
Seattle, you lurking?
It means they have 30 days to get their financials straight with the SEC or they get delisted.
I think JB’s right.
The two things that have always been the earmark of an Al Reda company are missing right now. Those are constant fluffy PR’s and reverse splits. I think they are out of money and even an R/S wont save them this time. Theres no news because theres nothing to talk about when the companies being shut down as we speak. Either that, or Dettman is buying GDT Tek as a shell to take the Gadeget brand public. In which case we’ll all be rich.
Thats a printing company, not GDTK.
Been following this...
http://www.gadgetenterprises.com/index.php is still up, not that it matters.
Thanks Viking, any idea on how much she plans to dump?
JB, the address listed on the site is outside of Orlando?
http://www.gadgetenterprises.com/contact_us.php
Quid...
The Company does not have any commitments for funding at this time. Shares being converted by investors partially from 2006-2008 convertible notes. Did she give you any indication of what her target is? In other words, how many shares will be dumped before the dilution stops?
They diluted to “no bid”. There are only two things that could allow for an opportunity to sell at this point which is another promo or an R/S. And since theres no one to dump to in a promo...
Scotty’s been letting me put in market orders (they usually dont allow it for micros), because of how long I’ve been trying to sell at .0001. The MM’s could completely take advantage of me and fill at .00001, but they haven’t. Thats how little demand there is for GDTK right now.
I have small market orders in to see if anything will go at any price.
If Seamless was going to make a real push at gadgetenterprises.com then yes, Dettman was a good move. You are correct however, it was a scam.
BTW, gadgetenterprises.com has been completely wiped of any traces of Dave Dettman.
Stamb, where did you get this address?
Considering Dettmans no longer involved...
It has to be Albert Reda.
Here is a post of mine from Yahoo. I didn’t post here because there seems to be little interest. There is talk of filing a class action lawsuit. If enough people want to be involved, I will set up a website. News releases using words to describe Dave Dettman and GDT Teks relationship such as “further solidify” were misleading when they knew they had an expiring contract. I’m here because I thought the Dr. Gadget brand would have a positive impact on the company long term. Now Reda’s floundering once again ahead of an almost guaranteed R/S and business model change. I think our only recourse (if only personal satisfaction) is to see Dettman named in a Class Action Suit for fraud. Anyway, heres the post from Feb 10th...
Just Spoke with Bob Howard @ 407-574-4740
Dave Dettman is no longer involved with GDT Tek Inc. They had a contract which has expired and according to Mr. Howard “We are exploring new relationships”. I asked when a PR will be released letting the shareholders know the current state of the company and he told me they are in the process of preparing one for as early as the end of this week, and if not then next week. Take it for what its worth. Dettman was the only successful move this company ever made and they still couldn’t capitalize on it.
Still looking for News today?
Equityfeed.com Its free for the first 30 days. The best feature is the Dealwire with news pop-up. I made close to $50k last year just on momo plays alone, jumping on the second a good PR hit the wire. GL
Quid... I’m interested to know her response. Dumping ahead of a PR?
With all due respect Jumpster...
I have a feeling it was less like a “them” and more like a Her.
10-K Question.
Am I missing something or has Spongetech not filed a proper 10-k after notifying on 9-1-09 that it would be late. If they’ve not filed, does anyone know when its expected? TIA.
TPHM - a.m. Gapper IMO
Just got some TPHM on the cheap!!!
What is the news expected to be? TIA.
Giggle, theman...
Sorry, I can’t respond privately. I’ve used a few L2 feeds and Equity Feed has been the best. I like to jump on pinkies when big news hits and ride the momo. Equity Feed has a news pop up feature that gets you the PR the second that it hits the wires. It netted me almost $50k last year alone.
Equityfeed.com
I think its one of two scenarios. Either Dettman cut ties with Reda which is why they appear to be abandoning gadgetenterprises.com and were about to get wiped out in the process. Or... They’re lining up a couple of PR’s worth of news to release over the course of a few days, hoping to generate enough momo to get GDTK off the ground without an R/S (still no R/S date according to Pinksheets). With Dr G Mall going live next weekend, if we dont hear something this week or next at the latest (once the site is definitely up and running), I think it will be a sign of the former rather than the latter. BTW, it looks like Serena Brock is working PR for NASCAR. The 704 area code is North Carolina.
Anyone keeping an eye on this?
http://www.drgmall.com/
Or this?
http://www.doctorgadget.com/news/nascar-schedule.html
LOL, I know, just not used to hearing that someone actually got answers!
Good work Lexey. Maybe now you could work your magic on the folks over at GDTK.
Much appreciated QR. Best and GL.